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Workman Software has 10.4 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 114.7
Workman Software has 10.4 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 114.7 percent of par.
a.What is the current yield on the bonds?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
